More Pain In Store For Global Markets? | Ashwini Agarwal, Ashmore Investment Management India LLP

Speaking to ET Now, Ashwini Agarwal, Co-Founder & Partner of Ashmore Investment Management India LLP says it is reasonable to assume that a 75 bps hike is in the price. He feels global markets are not out of the storm yet. He believes the current market is a good opportunity for long-term investors. He adds that the earnings narrative for financials remains strong. He is focusing on local businesses rather than global ones. He says that valuations have been extended for the IT sector. Frontline banks in both the public and private sectors appeal to him. What is the roadmap ahead? Watch the full interview to find out more only on ET NOW.
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